Prospect Markets Announces Uplisting to OTCQB Venture Market in the United States

Core Viewpoint - Prospect Prediction Markets Inc. has successfully uplisted its common shares to the OTCQB Venture Market, enhancing visibility and liquidity for U.S. investors [1][2]. Company Developments - The company announced the resignation of Paul McKenzie from the Board of Directors, effective March 20, 2026, and expressed gratitude for his contributions [3]. - An aggregate of 250,000 incentive stock options has been granted to directors, officers, and consultants, with 225,000 options specifically allocated to officers and directors. The options are exercisable at $0.31 per share and have a term of three years [4]. - Additionally, the company granted 2,250,000 restricted share units (RSUs) to certain directors, officers, and advisors, which are subject to the terms of the Omnibus Equity Incentive Plan [5][6]. Equity Incentives - The RSUs granted include a portion to insiders, which is classified as a "related party transaction." The company is relying on exemptions from formal valuation and minority shareholder approval requirements as the value does not exceed 25% of the company's market capitalization [6]. - Each vested RSU allows the holder to receive either one common share or a cash payment equivalent to the market value of one common share on the vesting date [7]. Company Overview - Prospect Markets operates a sports-focused prediction market and fan engagement platform, enabling fans to participate in real-time prediction markets across various sports, thereby enhancing engagement and providing actionable insights into fan expectations [8].